Italy’s Ferragamo’s Q3 2025 revenues steady at $258.57 mn on DTC gains

Italian luxury fashion house Salvatore Ferragamo SpA has reported consolidated revenues of €221 million (~$258.57 million) in the third quarter (Q3) of 2025, up 1.7 per cent at constant exchange rates. The performance was driven by a robust direct-to-consumer (DTC) channel, offsetting continued weakness in the wholesale segment.

DTC channel recorded net sales of €169 million, rising 4.4 per cent at constant exchange rates but declining 0.7 per cent at current exchange rates from €171 million a year earlier. The segment saw positive performances in North America, Europe, and Latin America, which more than offset a decline in Asia. The company’s online business remained a strong contributor, delivering double-digit growth in both order volume and value through the official website of Ferragamo.

Salvatore Ferragamo has reported revenues of €221 million (~$258.57 million) in Q3 2025, up 1.7 per cent at constant exchange rates, driven by strong DTC growth in North America, Europe, and Latin America, offsetting Asia’s weakness.
For the nine months, revenues stood at €695 million (~$813.15 million), down 4.5 per cent at constant exchange rates amid improved digital performance.

Meanwhile, the wholesale channel remained soft, posting €40 million in net sales, down 6.7 per cent at constant exchange rates and 8 per cent at current exchange rates compared with €43 million in Q3 2024, though North America showed a modest improvement, Ferragamo said in a press release.

Regionally, Europe, Middle East, and Africa (EMEA) achieved a 2.8 per cent increase in sales at constant exchange rates, driven by higher store traffic and improved conversion rates; North America surged 15.6 per cent, supported by a 16 per cent rise in DTC sales and stronger wholesale recovery; Latin America grew 4.7 per cent, maintaining double-digit momentum in retail; Asia Pacific contracted 10.5 per cent, though with a sequential improvement over Q2; and Japan declined 5.4 per cent due to reduced Chinese tourist spending.

With respect to the product offering, Ferragamo continues to strengthen its collections, focusing on its core categories of footwear and leather goods while balancing heritage and innovation. The company is improving collection efficiency, with the Hug handbag line consolidating its position as a brand pillar, and the new Vara line of women’s shoes gaining strong consumer response.

On the communication front, Ferragamo is enhancing its storytelling through digital technologies to improve targeting and efficiency. Its pre-Fall and Fall-Winter advertising campaigns celebrated craftsmanship and timeless elegance, combining Ferragamo’s heritage with modern creativity through a digital-first approach across all consumer touchpoints.

These initiatives contributed significantly to the positive DTC performance in Q3, driven by higher average tickets, improved cross-selling, advanced client segmentation, and an effective clienteling strategy. The North American, European, and Latin American markets delivered positive results, more than offsetting challenges in Asia, which nonetheless showed sequential improvement over Q2 2025, added the release.

For the nine months, the group’s total revenues reached €695 million (~$813.15 million), down 4.5 per cent at constant exchange rates and 6.6 per cent at current exchange rates from €744 million in 2024.

The DTC channel contributed €526 million in 9M 2025, decreasing 2 per cent at constant exchange rates and 4.7 per cent at current exchange rates, while the wholesale channel totalled €145 million, down 12.2 per cent at constant exchange rates and 15.4 per cent at current exchange rates compared with €172 million in the previous year.

Fibre2Fashion News Desk (SG)